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Special Report

Fire damaged warehouse scheduled for demolition

Former S&P Meats site now under city oversight
August 25, 2022
Virginia Thomas
The fire-damaged, 30,000-square-foot former S&P Meats warehouse in East Spokane is being demolished.
Read More
—Trek Architecture

Apartments planned at Sunset Hill restaurant site

Rustle project to rise by midsummer 2023
August 25, 2022
Virginia Thomas
The Fiesta Charra restaurant, located on Sunset Hill in west Spokane, is being demolished and replaced with a three-story apartment building. Rustle Project LLC, the company behind the Rustle Apartments project, is governed by Mike Schneider
Read More

24-unit apartment project gets nod in Spokane Valley

Building will be first of four planned at site near former waterpark
August 25, 2022
Karina Elias
The city of Spokane Valley has approved a building permit for a new $4.6 million, 24-unit apartment structure dubbed Splashdown Apartments to be constructed at 1624 N. Bowdish, in Spokane Valley.
Read More

Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest
August 25, 2022
Staff Report
Spokane Northwest Center, a Renton, Washington-based nonprofit, has leased 11,100 square feet of office and warehouse space at the International Gateway Center, at 10102 E. Knox, Ste. 100, in Spokane Valley, where the company is opening a new office.
Read More
—Virginia Thomas

Projected real estate dip could reduce agent numbers

Industry here could be buoyed by market's momentum, in-migration
August 25, 2022
Virginia Thomas
Real estate experts and market observers here predict an impending economic downturn will have a winnowing effect on the industry's workforce, though Spokane's popularity as a target for in-migration could slow the effects of a downturn on the local
Read More

Spokane bucks small business rent-delinquency trend

Some starting leases have begun to increase
August 25, 2022
Karina Elias
Commercial real estate industry experts in Spokane say that although a rise in commercial rent delinquencies is being reported across the country, Lilac City's small businesses have proven resilient, bucking national trends.
Read More
—Erica Bullock

The Final Yard: Last commercial developments in Kendall Yards envisioned

Last commercial development takes shape in popular Kendall Yards neighborhood
August 25, 2022
Erica Bullock
In Kendall Yards, three new commercial projects are under consideration in the last chunk of undeveloped land in the business district. At present, just 25% of land within the 20-acre commercial district remains undeveloped, says Jim Frank
Read More

Gold loses luster as hedge against market dip, inflation

Precious metal prices haven't rallied as some had thought they would during a bear market
August 11, 2022
Michael Maehl
It's no fun paying up for essential goods and services, but what's mostly overlooked is the fact that many people will buy them regardless of price. So they may be suffering from inflation, but by paying much higher prices for discretionary purchases,
Read More

Earnings fall at many banks with Spokane presence

Some institutions blame lack of PPP funds; others fault rising interest rates
August 11, 2022
Virginia Thomas
More than half of the banks with a presence in the Spokane area report a decrease in earnings for the second quarter of this year. Of 13 institutions with readily available earnings reports that have at least one branch in Spokane County, eight saw second
Read More
Karina Elias

Young Spokane fintech Haploos goes public (sector)

Virtual credit card maker receives approval from federal agencies
August 11, 2022
Karina Elias
Spokane-based fintech company Haploos Inc. has received clearances from three federal government departments that company CEO Josh Arritola hopes will open up new markets for its virtual credit card. This spring, the U.S. Department of Housing and Urban
Read More
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